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BofA Raises S&P 500 Target
By
Janet Levaux
News March 04, 2024 at 09:10 AM
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What You Need To Know
- Savita Subramanian, the bank's U.S. head of equity, has lifted her target to 5,400, citing unexpected earnings strength.
- However, she sees risk of a near-term pullback on growing bullish sentiment.
- Even bearish forecasters are acknowledging that the stock market looks stronger than they thought.
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